To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01082018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 2:15 pm: Commerce Minister Suresh Prabhu, Commerce Secretary Rita Teaotia, DIPP Secretary Ramesh Abhishek to be present at meeting of council for Trade Development and Promotion in New Delhi.
GMF: FX MONTH AHEAD John Noonan, head of IFR FX Watch Asia, analyses cues and views for market moves for the month ahead at 0930 IST. To join the conversation, . To join the conversation, click on the link: http://tmsnrt.rs/2z4G4mX INDIA TOP NEWS India lowers economic growth forecast ahead of budget India lowered its forecast for the current year's economic growth on Friday before a federal budget is released next month, as businesses were hit by the chaotic launch of new nationwide tax last July.
China's CDB withdraws insolvency petition against RCom China Development Bank, the biggest foreign lender to India's Reliance Communications, on Friday withdrew a petition seeking to drag the indebted telecoms carrier into insolvency.
India plans to boost tourism, travel in annual budget - sources India is planning to cut taxes on travel and tourism in next month's federal budget and give more incentives to the $210 billion sector, government sources said, hoping to boost economic growth and create more jobs.
Tata, Singapore Airlines "open to evaluate" bidding for Air India-Vistara CEO Tata Group and Singapore Airlines are open to bid for indebted state-run Air India, Vistara's chief executive officer Leslie Thng told reporters on Friday, although it was not clear whether such an approach if done would be done jointly.
Solar modules stuck at ports due to import duty dispute Solar modules worth more than $150 million are stuck at various Indian ports due to a dispute over their classification and the import tax applicable to them, sources said, which could delay Prime Minister Narendra Modi's clean energy goals.
GLOBAL TOP NEWS Under fire, Bannon backs off explosive comments about Trump's son President Donald Trump's former strategist Steve Bannon on Sunday backed away from derogatory comments ascribed to him about Trump's son in a new book that sparked White House outrage and could threaten Bannon's influence as a would-be conservative power broker.
Japan's Abe urges central bank's Kuroda to keep up efforts on economy Japanese Prime Minister Shinzo Abe on Sunday called on central bank governor Haruhiko Kuroda to keep up efforts to reflate the economy, but added he was undecided on whether to reappoint Kuroda for another five-year term.